CLARK COMPANY | |||||
Bank Reconciliation | |||||
July 31, 2011 | |||||
Bank statement balance | 28509 | Book balance | 25866 | ||
Add: | Add: | ||||
Deposit of July 31 | 10152 | Proceeds of note less collection charge | 8955 | ||
38661 | 34821 | ||||
Deduct: | Deduct: | ||||
Check No. 3031 | 1650 | NSF check including fee | 805 | ||
Check No. 3065 | 601 | Service charge | 14 | ||
Check No. 3069 | 2418 | 4669 | Error (Check 3056) | 10 | 829 |
Adjusted bank balance | 33992 | Adjusted book balance | 33992 |
The following information is available to re The following Information is available to reconcile Clark Company's...
[The following information applies to the questions displayed below.) The following information is available to reconcile Clark Company's book balance of cash with its bank statement cash balance as of July 31, 2011. a. On July 31, the company's Cash account has a $25,642 debit balance, but its July bank statement shows a $28,257 cash balance. b. Check No. 3031 for $1,640 and Check No. 3040 for $812 were outstanding on the June 30 bank reconciliation. Check No. 3040 is...
Problem: The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31, 2019. A. On July 31, the company's Cash account has a $27,497 debit balance, but its July bank statement shows a $27,233 cash balance. B. Check No. 3031 for $1,482 and Check No: 3040 for $558 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check...
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance as of July 31, 2017. On July 31, the company’s Cash account has a $24,752 debit balance, but its July bank statement shows a $27,080 cash balance. Check No. 3031 for $1,520 and Check No. 3040 for $752 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is...
The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31, 2017. a. On July 31, the company's Cash account has a $25,644 debit balance, but its July bank statement shows a $26,809 cash balance. b. Check No. 3031 for $1,060 and Check No. 3040 for $522 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is...
The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31, 2017. a. On July 31, the company's Cash account has a $25,756 debit balance, but its July bank statement shows a $26774 cash balance. b. Check No. 3031 for $1,000 and Check No. 3040 for $492 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is...
Required information [The following information applies to the questions displayed below.) The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31, 2017 a. On July 31, the company's Cash account has a $25,640 debit balance, but its July bank statement shows a $28,631 cash balance. b. Check No. 3031 for $1,780 and Check No. 3040 for $882 were outstanding on the June 30 bank reconciliation. Check No....
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance as of July 31, 2017. On July 31, the company’s Cash account has a $25,750 debit balance, but its July bank statement shows a $28,481 cash balance. Check No. 3031 for $1,680 and Check No. 3040 for $832 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031...
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance as of July 31, 2017.On July 31, the company’s Cash account has a $24,750 debit balance, but its July bank statement shows a $27,341 cash balance.Check No. 3031 for $1,620 and Check No. 3040 for $802 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is not. Also,...
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance as of July 31, 2017.On July 31, the company’s Cash account has a $25,642 debit balance, but its July bank statement shows a $27,613 cash balance.Check No. 3031 for $1,380 and Check No. 3040 for $682 were outstanding on the June 30 bank reconciliation. Check No. 3040 is listed with the July canceled checks, but Check No. 3031 is not. Also,...
Required information Problem 8-4A Preparing a bank reconciliation and recording adjustments LO P3 [The following information applies to the questions displayed below.) The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance as of July 31, 2017 a. On July 31, the company's Cash account has a $25,644 debit balance, but its July bank statement shows a $28,407 cash balance. b. Check No. 3031 for $1,690 and Check No. 3040 for...